Monday, December 21, 2009

Build a Small Business Network Or Die

If you are a small business owner, did you know how badly the odds are stacked against you that you will succeed? 16 out of 17 small businesses fail. 95% of small businesses will never reach their 5th birthday.

If your business is not already 8 years old, chances are it never will be. So how do you give yourself the edge that all of the other wished for? Build a small business network. Read on to find out more.

The network is the key component that will put your business up there with the ones that have made it.

Almost every ultra-successful business owner knows that it's not WHAT you know, but WHO you know.

Building a successful business is all about the right connections and being able to admit that we can't do this alone.

It does not matter what business you are in, or whether you only run a web-based company or a physical business.

Networking is the key to building a better business above the 95% of the other guys that will never get there.

A business network offers unbelievable advantages, from getting specialized mentoring and helping others, to having a nearly-endless stream of qualified customers call you without requiring any advertising to get them.

Networks are built around the idea that you need to give before you can get. Successful member of a network will agree to a code of ethics that everyone will follow.

Each member of the network agrees to help any other member in need when that person's skills are required.

Having a network at your fingertips is like having the best part of each person's mind available to call on when the specialty needs a solution.

If you need a lawyer, call your legal friend. If someone needs website help, they might call on you. Maybe you need human resources help or the wisdom of someone highly successful. You can also barter for free services by trading your services with someone for something you need.

While all of the other businesses are out there floundering and paying full price at the same time, you will have a tight-knit group of people that you can call upon day or night to help solve your problems.

You can also use your network as a mastermind group, where you periodically meet to solve a single problem that a member is having.

If the whole group puts their mind to a single problem, more can be accomplished that each member working on it alone. Networking is the key to building your business more that you ever thought possible.

Joshua Black is the developer of the Underdog Millionaire's Guide to Networking. This guide gives you over 118 different tips that you can use to build a small business network. Check it out at:

By : Joshua_Black

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